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Nervous Retail Investors Continue to Unload Chinese Stocks

Chinese stock indexes again sank lower Tuesday, despite the government’s efforts to boost the exchanges and reassure millions of individual investors by buying state-backed, big cap stocks. The Shanghai and Shenzhen exchanges are notorious for their volatility, but their huge gains over the past year have attracted many middle class Chinese investors. The exchanges now have an estimated 90 million Chinese individual market participants. The composite index of the Shanghai...

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